An untold reason why dialogue between the Federal Government and the Labour union yesterday night ended in stalemate.
According to a reliable source, the FG in a bid to stop the strike action, during the meeting with the Ayuba Wabba-led NLC proposed N120 per litre but labour rejected, describing it as outrageous, this was principal reason the dialogue was stalemated.
News Punch yesterday's reported that the Federal Government has concluded plan to table a reduced fuel pump price from the initial N145 to N125 has been confirmed as a fresh report as culled from DailyPost says the FG, at the dialogue with the Labour yesterday proposed a reduced rate of fuel pump price to N120.
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According to him, the presidency said the best they could do was to reduce the pump price by N25, in consideration of the outcries by Nigerians.
“That was why the meeting ended in deadlock. FG proposed N120 per litre but the NLC insisted on total reversal to the old price, which is N86 per litre.
“They were not ready to accept the outrageous proposal.
“The outcome of the meeting with the Joe Ajaero-led group would determine the next line of action,” the source who would not want his name mentioned said.
However, efforts to reach the NLC General Secretary, Peter Ozo-Esun for confirmation could not yield any fruit at the time of this report.